Morning Nifty and Derivative comments 12 December 2024 By Anand James, Geojit Financial Services
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Below the Quote on Technical Views from Anand James, Chief Market Strategist, Geojit Financial Services
Nifty outlook:
While it has been very encouraging to see 24530 offering firm support, the distribution seen on each attempt to clear the 24650-700 region is fast eroding the prospects of the 25262- 25600 move. We continue to expect a consolidation, or a slow decline to 24420/380. More time spent under 24600 could improve the prospects of bulls regrouping. - Read more
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